India’s eyewear powerhouse Lenskart Solutions Ltd is preparing to hit the public markets with one of the most awaited listings of 2025. The company has received SEBI approval to launch its ₹8,000-crore IPO in early November 2025, marking a major milestone for India’s consumer-tech ecosystem.
IPO Structure and Valuation
The IPO will comprise a fresh issue of ₹2,150 crore and an offer for sale (OFS) of 13.23 crore shares by key investors, including SoftBank Vision Fund II, Temasek Holdings, Premji Invest, Alpha Wave Ventures, and Kedaara Capital.
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Total issue size: Around ₹8,000 crore
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Expected valuation: Between ₹70,000 – ₹75,000 crore (approximately $9 – $10 billion)
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Listing exchanges: NSE and BSE
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Expected listing date: Around November 12, 2025
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Lead managers: Kotak Mahindra Capital, Morgan Stanley, Citi, Axis Capital, Avendus Capital.
Lenskart has also completed a ₹430-crore pre-IPO placement, attracting marquee names such as SBI Mutual Fund and DMart’s Radhakishan Damani, tightening the fresh issue component.
Financial Highlights
For FY25, Lenskart reported a net profit of ₹297 crore, reversing the ₹10-crore loss in FY24. Revenue surged to ₹6,652 crore from ₹5,428 crore the previous year. These robust numbers underscore the strength of its omnichannel business model spanning 2,700+ stores globally and next-day delivery in over 40 cities across 10 countries.
Utilization of Proceeds
According to its DRHP, Lenskart intends to channel IPO proceeds toward:
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Expanding company-owned (CoCo) stores in India
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Investing in technology and cloud infrastructure
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Brand marketing and global business development
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Strategic acquisitions and general corporate purposes.
Stellar Investor Lineup
Lenskart’s investor constellation reads like a who’s who of global finance and innovation:
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SoftBank Vision Fund II (Lightbulb Ltd, Cayman) – scaling disruptive unicorns worldwide
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Temasek Holdings (Macritchie Investment Pte Ltd) – powering its global expansion
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Premji Invest (PI Opportunities Fund II) – long-term value investing from the Wipro founder’s fund
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Alpha Wave Ventures LP & II LP – tech-first D2C growth partners
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Kedaara Capital Advisors LLP – known for evaluating IPO-ready consumer brands
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Steadview Capital, Falcon Edge Capital, Epiq Capital Advisors, and Bay Capital Partners – robust backers of India’s consumer-tech evolution
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Ratan Tata – the trusted angel believer in Lenskart’s mission-driven approach
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Ronnie Screwvala’s Unilazer Ventures, Chiratae Ventures, Athera Venture Partners, and Shradha Sharma (YourStory) – representing India’s entrepreneurial pulse from day one.
A Visionary Step for Indian Startups
The upcoming Lenskart IPO symbolizes more than capital—it marks India’s ascent in global consumer-tech leadership. With ambitions to expand deeper into markets like the U.S., Singapore, and UAE, Lenskart is positioning itself as a global eyewear icon powered by vision, innovation, and bold execution.
🔥**#LenskartIPO #IndianStartups #VisionaryInvestors #ConsumerTech
Here are the verified sources with direct links backing the details about the Lenskart IPO:
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Business Standard – “Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion”
Published on: July 28, 2025
This article confirms that Lenskart filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹2,150-crore fresh issue, plus an offer for sale of up to 132.3 million shares by existing shareholders including SoftBank, Temasek, Premji Invest, Alpha Wave Ventures, and others. It also notes the target valuation of about $10 billion, and proceeds usage for store expansion, technology, and marketing.
Link: https://www.business-standard.com/markets/ipo/lenskart-files-rs-2150-cr-ipo-eyes-growth-in-affordable-eyewear-125072901456_1.html -
The Economic Times – “Lenskart to launch Rs 8,000-crore IPO in early November”
Published on: October 13, 2025
This report reveals that the ₹8,000-crore IPO will launch in early November 2025, comprising a ₹2,150-crore fresh issue plus an offer for sale of 13.23 crore shares. The piece also confirms lead managers such as Kotak Mahindra Capital, Morgan Stanley, Citi, Avendus, and Axis Capital, and financial performance with a net profit of ₹297 crore in FY25 and revenue of ₹6,652 crore.
Link: https://economictimes.com/markets/ipos/fpos/lenskart-to-launch-rs-8000-crore-ipo-in-early-november/articleshow/124540583.cms